Financial Times FT.com

La Caixa drops sale of Repsol stake

ByMark Mulligan in Madrid

Published: December 29 2008 15:02 | Last updated: December 29 2008 17:52

Spanish savings bank La Caixa has abandoned talks with Lukoil of Russia about selling some of its holding in Repsol, the Spanish oil group.

The deal had been mooted as part of the co-ordinated sale of a 29.9 per cent stake in Repsol.

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